b'AS OF DECEMBER 31, 2024AS OF DECEMBER 31, 2024Statement of Revenue andFinancial Position Expense SummaryAssets Expense RatiosCash and Cash Equivalents$386,162,478 Patient Grants and Services98.54%Investments413,037,763 Management0.80%Contributions Receivable 112,765,994 Fundraising0.25%Prepaids and Other Assets884,386 Marketing and Communications0.41%Property and Equipment, net457,141Right of Use Asset4,881,267 RevenueTotal Assets$ 918,189,029 Donations and Other Income$ 886,965,655Investment Income35,626,956 Liabilities and Net Assets Total Revenue$922,592,611LiabilitiesAccounts Payable and Accrued Expenses$29,995,462 ExpensesCopayments and Premium Patient Grants and Services$ 594,104,043Assistance Payable7,069,516 Management and General4,805,678Lease Liability5,144,574 Fundraising1,498,297Total Liabilities$42,209,552 Marketing and Communications2,481,816Total Expenses$ 602,889,834 Net AssetsUnrestricted$65,114,241Temporarily Restricted 810,865,236Total Net Assets$ 875,979,477 2024 ExpensesTOTAL LIABILITIES & NET ASSETS$ 918,189,029Fundraising0.25% Marketing & Communications0.41%Management0.80%Patient Grants and Services 98.54%PAGE 10 HEALTHWELL FOUNDATION 2024 ANNUAL REPORT'